Skift Take
Mondee is venturing down an unbeaten path by targeting travel influencers, and it seems to be making investors a little uneasy.
Mondee is expanding further into corporate travel with its fourth acquisition of the year – it said Monday that it has acquired Skypass Travel for $15 million.
Skypass is focused on selling wholesale travel to international consulting firms and small- and medium-sized businesses, as well as vacation packages and humanitarian travel. The company has corporate clients in the U.S., Europe, and India, including Mumbai-based multinational conglomerate Tata Group. Mondee provides travel agents access to a digital wholesale marketplace, as well as software products to manage their business.
Mondee earlier this year released an upgraded version of its platform to include features such as a shopping cart and an integrated AI-